Commandante Michele D’Amato passed away. Michele D’Amato leaves the Italian shipping community mourning for the loss of a great personality. Commandante Michele D’Amato was the head of the Italian shipowners association Confitarma. Michele D’Amato was part of the third-generation Italian shipping family that comprised Michele D’Amato’s brothers Luigi D’Amato of Fratelli D’Amato and Giuseppe D’Amato of Perseveranza di Navigazione. In 2020, Armator Shipping launched as a d’Amato-backed bulk carrier operator. Armator Shipping operates supramax and kamsarmax bulk carriers from Armator Shipping’s office in Lugano, Switzerland. In 1990, Michele D’Amato split away from the family operation to establish his own company, D’Amato di Navigazione. D’Amato di Navigazione was one of the shipowners that recreated a significant role in shipping in the late 1990s. Michele D’Amato utilized his depth knowledge of the freight market for growing the business. D’Amato di Navigazione was one of several shipowners that had ordered a string of bulk carriers in the 2008 economic trouble. In financial crises, D’Amato di Navigazione had around 10 bulk carriers under construction at yards in Asia. As a result, D’Amato di Navigazione restructured in 2009. Later on, Michele D’Amato’s daughter Maddalena D’Amato has relaunched the D’Amato di Navigazione. Michele D’Amato was an adviser to Italian classification society Rina, the American Bureau of Shipping (ABS), and Bureau Veritas (BV). As HandyBulk LLC, we were deeply saddened by the passing of Michele D’Amato. HandyBulk LLC sent sincere condolences to our colleagues and the D’Amato family. 20-March-2022
D’Amato Shipping backed Armator Shipping commenced operating supramax and kamsarmax bulk carriers. Armator Shipping inaugurated offices in Switzerland, London, and Malta. Armator Shipping has established chartering and operations division in Switzerland. Armator Shipping has established administration and claims division in London. Armator Shipping has established a technical management division in Malta. Armator Shipping was established by Andrea Organista d’Amato. Andrea Organista d’Amato is the grandson of Michele d’Amato. According to Andrea Organista d’Amato, Armator Shipping is endeavoring to invest and charter supramax and kamsarmax bulk carriers.
Armator Shipping’s chartering and operating division in Lugano, Switzerland will be led by Andrew Francis. Previously, Andrew Francis was the manager of Thoresen Shipping. Armator Shipping’s investment division in Geneva, Switzerland will be led by Gavin McGrath. Previously, Gavin McGrath was the manager at the StepStone Group, following the StepStone Group’s acquisition of Swiss Capital in 2016, where Gavin McGrath was head of shipping investments. Armator Shipping’s technical division in Malta will be led by Rosario Russo. Previously, Rosario Russo was part of the d’Amato Shipping team.
Currently, Armator Shipping is a thoroughly integrated company that is actively seeking for investment deals. In a few years, Andrea Organista d’Amato wants Armator Shipping to be extremely auspicious within the supramax and kamsarmax segments. 9-January-2020